'A big job on his hands': Reaction to Jupiter hiring Formica as CEO

Takeover rumours continue

Beth Brearley
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Jupiter has recruited Andrew Formica to lead the business
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Jupiter has recruited Andrew Formica to lead the business

Industry commentators have welcomed the appointment of former co-CEO of Janus Henderson Andrew Formica as chief executive of Jupiter Fund Management, but warned the task of turning around the asset manager will be no mean feat.

Formica is expected to take over as CEO and director of the firm from 1 March, subject to regulatory approvals, it was announced this morning (22 January) with current CEO Slendebroek remaining in ...

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